Chinese President Xi Jinping met a team of representatives behind the C919 aircraft project on Friday morning, and fully affirmed the phased achievements in the development of the C919 aircraft.

China's official manufacturing Purchasing Managers' Index (PMI) in September stood at 50.1, the first time it recovered expansion since July, data from the National Bureau of Statistics (NBS) showed on Friday.

Beijing Oasis Hospital together with Zeiss has unveiled a Presbyopic Correction High-End Medical Establishment in Beijing on Wednesday, providing services for middle-aged and elderly people who are troubled by presbyopia, cataracts and high myopia to realize high-definition middle and near ...

Chinese financial regulators announced on Thursday the relaxation of the floor on mortgage rates for first home buyers, as the country moves to better support home ownership, according to a notice issued by the People's Bank of China, the central ...

China's top economic planner said on Thursday that it will soon roll out more policies and measures for the manufacturing sector, aiming to increase foreign investment, further adding to a slew of measures China has already taken to stabilize its ...

A section of the Beijing-Xiong'an-Shangqiu High-speed Railway, which connects the Xiong'an New Area in North China's Hebei Province with Shangqiu in Central China's Henan Province, has started construction on Thursday, China Railway Group announced, marking the start of another key ...

China to cut mortgage rate floor for first-time homebuyers in some cities by phase

China Tobacco, the cigarette market supervisor, issued a document on its official website on Thursday requiring domestic e-cigarette manufacturers and traders to obtain a license before operating their business, further tightening the regulations for e-cigarettes. The new rules will be ...

Yuan-denominated assets are gaining favor in the Russian market as bilateral trade gains momentum, a Chinese expert said on Thursday, after Russia's largest bourse predicted that the trading volumes of Chinese yuan and Russian rouble would exceed that of the ...

The People's Bank of China (PBC), the central bank, said on Thursday that it will speed up the implementation of special loans to ensure delivery of residential buildings and increase the application scope as needed.

Actual foreign investment in China in 2021 reached 1.15 trillion yuan ($159.71 billion), ranked the second place in the world, increasing by 62.9 percent over 2012 levels, reflecting the remarkable results of China's continuous opening up in the past 10 ...

Sam's Club, the high-end membership outlet of US-based retailer Walmart drew attention recently with consumers questioning a children toy kit on sale marked with the logo of Dior despite seemingly causing confusion with the luxury brand.

Outbound international flight bookings for October have seen a big increase, with more carriers opening new routes or restarting flights.

This year is what Belarusian Ambassador to China Yuri Senko (Senko) described as "a very symbolic year" for China-Belarus relations, as it marks not only the 30th anniversary of the diplomatic relations but also historic upgrade to an all-weather comprehensive ...

Speaking at a conference in Singapore on Tuesday, Indian billionaire Gautam Adani claimed that China, the foremost champion of globalization, "will feel increasingly isolated" and would find "it hard to bounce back from a period of economic weakness," CNN reported ...

Chinese Premier Li Keqiang called for concrete measures to ensure the economy operates within a reasonable range in the fourth quarter, noting that the Chinese economy has withstood downward pressure and unexpected factors after the timely introduction of stabilization policies ...

As this year marks the 50th anniversary of the establishment of China-Japan diplomatic ties, officials, scholars and business representatives said they attach high importance to bilateral economic cooperation, calling it a "ballast stone" and "stabilizer" for their relationship in the ...

Chinese officials held a meeting to analyze the recent movements in the foreign exchange market, stressing that the yuan's exchange rate has maintained "basic stability" at a reasonable and balanced level this year, while warning against betting on one-way appreciation ...

China and the Philippines are close neighbors facing each other across the sea. While it is normal for the two countries to have differences, the China-Philippines cooperation goes far beyond maritime differences, let alone define the relations between the two ...

There are no striking skills required, no barriers and no age limits for Topgolf. People can play and enjoy the recreational yet social experience. Guests who have visited Topgolf always remark on how golf has never been so much fun.

As Love Teeth Day fell on September 20, 2022, the importance of oral health care especially for children and the elderly further gained public attention. Diane Feng, director of the Department of Dentistry in Beijing United Family Hospital (BJU), said ...

An EU directive on regulating legal liabilities on drones could be an effort by the bloc to “export its standards”, a Chinese industry insider has claimed.

The Shanghai municipal government on Wednesday released a package of 22 new measures to fire up economic recovery and development of services sector such as tourism and aviation in a full-fledged battle to propel the city's economic growth during the ...

A bumper harvest can be expected in China for 2022, with grain output estimated at above 1.3 trillion jin (650 billion kilograms), despite the triple challenge of natural disasters, COVID epidemic and global commodities price fluctuations, an official with China's ...

The multiple central bank digital currency bridge (m-CBDC) has successfully completed its first real-trade pilot test based on four national or regional central bank digital currencies from August 15 to September 23, the Bank for International Settlements Innovation Hub in ...

China's west-to-east gas transmission project on Wednesday started the construction of the No.4 pipeline, which will lift the annual transmission capacity of the project to over 100 billion cubic meters after cooperating with the completed No.3 and No.2 pipelines, state-owned ...

FAW-Volkswagen, based in Changchun city, northeastern China, on Tuesday apologized for pushing popup advertisement in a moving vehicle and said it has immediately stopped such functions to avoid affecting driver safety.

Domestic airlines are seeing soaring demand for flights and rising ticket price as the National Day holidays approach and an industry information provider predicted that the total travel during the seven-day holiday could be more than 7.8 million passenger trips.

A cargo train loaded with more than 3,000 tons of architectural materials and general goods departed on Tuesday from Ulanqab city, North China's Inner Mongolia Autonomous Region and will head to Ulan Bator, the capital of Mongolia, marking the first ...

The Organisation for Economic Co-operation and Development (OECD) warned Monday that global economic growth is slowing more than it was forecast a few months ago, as energy and inflation crises risk snowballing into recessions among major economies, Reuters reported.

As Giorgia Meloni, leader of Brothers of Italy party, looks set to become Italy's first female prime minister at the head of its most right-wing government since World War II, how the new Italian government will handle its relations with ...

Despite headwinds from weakening overseas demand, China expects foreign trade to grow in the second half of the year, boosting the nation's economic recovery, Wang Shouwen, vice minister of commerce, told a press conference on Tuesday, vowing more support measures ...

China Broadcasting Network Corp (China Broadnet), the country's fourth-largest telecom operator, officially launched commercial 5G network services in Southwest China's Xizang Autonomous Region and Northwest China's Qinghai Province, expanding its 5G services to all 31 provincial-level regions, the company disclosed ...

China has provided and will provide more humanitarian aid to Pakistan for flood losses, a spokesperson for the Chinese Foreign Ministry said on Tuesday, calling for the US to do something real for the Pakistani people instead of criticizing China-Pakistan ...

Russia may use a digital currency in cross-border settlements with China amid an accelerated push to develop the digital ruble, as a move to reduce the US' global financial hegemony, Reuters reported on Monday, citing a senior Russian lawmaker.

Against the backdrop of the protracted impact of COVID-19 and geopolitical uncertainties including growing China-US tensions, the Hong Kong Special Administrative Region (SAR) has once again become a hot destination for mainland students pursuing further studies, with platform data showing ...

The plunging pound may signal that the UK could face a financial system crisis, Chinese analysts said on Tuesday, adding that the situation will be aggravated by the ideology-based foreign policy taken by Britain's new Prime Minister Liz Truss.

A carrier loaded with 210,000 cubic meters of liquefied natural gas (LNG) docked at Yancheng Binhai Port, East China's Jiangsu Province on Monday to unload LNG to the Yancheng Green Energy Port belonging to China National Offshore Oil Corp (CNOOC), ...

Despite facing headwinds from weakening overseas demand, China remains confident over a positive growth in foreign trade in the second half of the year, boosting the recovery of the national economy, Wang Shouwen, Chinese vice minister of commerce, said on ...

Profit growth at China's industrial firms continued to recover in August as the decline in profits narrowed, with auto and power industries doubling their profits in the month.

China plans to release a batch of central pork reserve this week for the fourth time this year, as the steep rise in pork prices lately has triggered a “second level warning,” according to a notice released by the National ...

The public security department of Hengyang county under Hengyang city, Central China's Hunan Province announced recently that a 40-billion-yuan (($5.58 billion) money laundering case involving cryptocurrency had been cracked, which was linked to over 300 telecom fraud schemes, the National ...

Leading investment bank Jefferies Group said in a report on Monday that sales of Apple Inc's iPhone 14 series in China declined by double digits in the early days of the phone's launch, compared with the previous generation iPhone 13 ...

India recorded a strong double-digit economic growth in the second quarter this year, becoming the fastest growing major economy among G20 countries. This item of good news has been warmly received among Indian people and across Chinese society too. It ...

In an effort to diversify its production away from China, Apple Inc has started producing the iPhone 14 in India.

There was a time when Asian economies made concerted efforts to promote regional financial cooperation in the wake of the 1997-98 Asian financial crisis, with the view of enhancing their ability to withstand outside financial risks. Now financial coordination is ...

The People's Bank of China (PBC), the central bank, announced on Monday that it's hiking the risk reserve requirement for forward foreign exchange (forex) trading to 20 percent from currently zero, in a fresh move to underpin the yuan's stability ...

China-produced kimchi, or paocai as the preserved cabbage garnish is called in Putonghua, has become a major support for South Korea after bad weather hit the cabbage crop there. The Global Times learned from multiple sources that exports of kimchi ...

The impact of the US' latest interest rate hikes is now being reflected in global trade, as exporters said container shipping rates have fallen by 70 percent compared with a year earlier – indicating weaker consumer demand and dimmer global ...

The US reportedly plans to organize the preliminary "Chip 4" meeting this week, and another science and technology meeting with the island of Taiwan in early November, to bring semiconductors manufacturing back to the US land, while try to exclude ...

Chinese producers and traders are working around the clock to deliver the much needed heating equipment to European clients, with some seeing orders jump by tenfold year-on-year as consumers across EU countries scramble to deal with possible energy rationing ahead ...

China will extend the exemption of purchase taxes on new-energy vehicles (NEVs) for another year until the end of 2023 to support the development of the sector and boost consumption, the Ministry of Finance said on Monday.

Unit 6 of the Hongyanhe nuclear power plant in Northeast China's Liaoning Province has reportedly entered full operations, and it's set to provide heating to local residents over land area of 242,400 square meters in the town of Hongyanhe this ...

Airbus has signed an agreement with China National Aviation Fuel Group to purchase Sustainable Aviation Fuel (SAF) for its delivery flight operations from Airbus Delivery Center in Tianjin.

China will ramp up financial support for new types of infrastructure to stabilize investment and expand domestic demand, and more efforts will be made for technological breakthroughs in key sectors to stabilize supply chains and facilitate industrial transformation, the country's ...

To stabilize China's foreign exchange market and shore up the yuan's value, the country's central bank, the People's Bank of China (PBC), announced to raise the foreign exchange (FX) risk reserve ratio for foreign exchange forwards trading from 0 to ...

Major Chinese export-oriented cities are using a wide array of measures from opening up new trade routes to engaging in specific markets to shore up foreign trade amid strong economic headwinds, as trade figures released on Sunday showed a diverging ...

Chinese smartphone brands, major players in the Indian market, is expected to solidify its foothold there thanks to booming sales as the South Asian nation enters the 5G era, industry experts said, despite lingering challenges such as the Indian government's ...

As predicted, the US Federal Reserve made another large interest rate hike on Wednesday, adding further pressure to global equities markets and sending the Dow Jones Industrial Average below 29,600 points at the end of Friday trading. If compared with ...

Indian External Affairs Minister Subrahmanyam Jaishankar said on Saturday that with India set to assume the presidency of the G20, the South Asian nation will work with other G20 member states to address serious issues of debt, food and energy ...

Beijing Daxing International Airport, the Chinese capital's second airport in the southern part of the city, has transported more than 50 million passengers since it started operations three years ago, official data showed on Sunday, the third anniversary of its ...

Chinese shipbuilders have secured growing orders for producing liquefied natural gas (LNG) vessels this year amid the deepening energy crisis in Europe, which enables the country to enter the race of top-caliber shipbuilders along with South Korea in the construction ...

Ideology-skewed industrial subsidy policies of major Western countries, such as the US CHIPS and Science Act, are bound to fail, Lou Jiwei, China's former Minister of Finance, said at Global Asset Management Forum on Saturday.

Searches for China's Macao Special Administrative Region (SAR) climbed on mainland travel platforms over the weekend after the SAR said that it expects to receive tour groups from the Chinese mainland starting from November – the first time in almost ...

With the weeklong National Day holidays, which will start on October 1, approaching quickly, a new trend of tourism has emerged with young people seeking shorter, more flexible, and more unique experiences, data from multiple domestic online tourism platforms showed. ...

Top producer Muyuan Foods said in a statement on its official WeChat on Saturday that in order to ensure that prices stay within a reasonable range and market pork supply is sufficient, the company will increase the supply of pigs ...

China is ready to work with other members of the Group of 20 (G20) to actively participate in the reform of the World Trade Organization (WTO) to promote a multilateral trading system and achieve the sustainable development goals, according to ...

In the first half of the year, a total of 450 listed companies controlled by 84 China's centrally-administered enterprises achieved a total operating income of 13.55 trillion yuan ($1.9 billion), with a total profit of 1.17 trillion yuan, providing strong ...

Officials from China, Kyrgyzstan and Uzbekistan signed a document of cooperation on a railway project during the 2022 annual summit of the Shanghai Cooperation Organization (SCO), marking "phased progress" with the China-Kyrgyzstan-Uzbekistan Railway, according to a statement published by the ...

Chinese officials said on Friday that the country's trends of real estate bubbles and fi-nancialization have been reversed materially, as efforts are launched to resolve risks in the property sector such as unfinished buildings, according to media reports.

The Hong Kong Special Administrative Region (SAR) announced to loosen COVID-19 quarantine measures from next Monday, meaning no hotel quarantine but only a 3-day self-monitoring period at home is needed for arrivals, ending the hotel quarantine policy which has been ...

Foreign direct investment (FDI) from Europe into China is showing a trend of resilience, with larger companies doubling down investment as the market environment becomes more competitive and with more firms spearheading localization strategies on a wide range of sectors ...

Nearly 20 years after Shanghai banned roadside stalls in order to maintain the city's appearance, the city has finally lifted the ban, a move widely applauded by netizens and experts for not only having economic benefits, but also for bringing ...

Xiamen Tungsten Corporation (XTC), China's largest producer of Tungsten products, announced that it has signed an agreement to form a joint venture (JV) with rare and precious metal manufacturerChifengjilong Gold Mining Co (Chifeng Gold), and the JV will focus on ...

The No.8 unit of Baihetan hydropower station officially started commercial operation on Thursday, so half of the power generation units at the station are now in commercial operation.

Chief executives at some of the largest US banks came under pressure from US lawmakers to commit to taking a tougher stance on doing business with the Chinese mainland amid growing tensions over the Taiwan question, Reuters reported on Thursday.

The Indian government is reportedly to resume elaborate physical inspections on imports from China because it suspects that "a large-scale dumping" of finished products is occurring for intermediate product imports from China, the Hindustan Times reported on Thursday, citing people ...

Xiamen Airlines, which has previously relied on Boeing, has just signed a big aircraft purchase deal with Airbus.

China is willing to work with Japan to expand bilateral cooperation in an all-round, wide-ranging and multi-level manner, Chinese Premier Li Keqiang said during a meeting with Japanese business representatives via video link on Thursday.

India's reported moves against Chinese imports would backfire, Chinese business insiders said on Thursday, responding to India's reported resumption of physical inspections of Chinese imports over the alleged suspicion of dumping. The inspections would cover a wide range of finished ...

The 7th China-Eurasia Expo concluded on Thursday in Urumqi, regional capital of Northwest China's Xinjiang Uygur Autonomous Region. The four-day fair attracted more than 3,600 domestic and foreign companies, and it set records for new contracts signed, dwarfing the US' ...

The provisions concerning discriminatory subsidies for electric vehicles (EV) under the US' so-called Inflation Reduction Act of 2022 (IRA) legislation are suspected of violating the WTO principles of "Most-Favored-Nation" treatment and national treatment, and China will take measures to safeguard ...

The Chinese mainland's financial markets remained relatively stable on Thursday in the wake of an overnight US interest rate hike that injected fresh volatility into global markets, thanks to the country's independent monetary policy and increasingly mature abilities to counter ...

China will impose tougher penalties for financial crimes and prevent and resolve major financial risks to maintain national economic and financial security, China's top court said.

Shanghai's municipal legislature on Thursday passed the country's first provincial-level law covering the development of artificial intelligence (AI), which experts said would effectively fill a gap where there was no specific law for AI and further pave the way for ...

Banking on the cooperative spirit reinforced by meetings between heads of states of China and Central Asian countries, companies attending the 7th China-Eurasia Expo in Urumqi city say investment opportunities are mushrooming in Central Asia.

China's attractiveness to foreign enterprises has strengthened over the past decade as a result of wider market opening and an improving business environment, and it will continue to serve as the land of opportunity in a world beset by uncertainty ...

US technology giant Microsoft announced on Wednesday plans to expand recruitment and upgrade its campuses in China, following a series of recent moves and plans of major US businesses, including chipmaker Nvidia, to expand their presence in the Chinese market, ...

German utilities RWE and Uniper are close to striking long-term deals to buy liquefied natural gas (LNG) from Qatar's North Field Expansion project, three sources familiar with the matter said.

Tesla Chief Executive Elon Musk's Texas company now is floating ambitious plans to deploy thousands of humanoid robots, known as Tesla Bot or Optimus, within its factories, expanding eventually to millions around the world, according to job postings. Buzz is ...

The Chinese Ministry of Foreign Affairs on Thursday harshly criticized a newly passed US telecommunications act that targets foreign telecom equipment suppliers, saying the move is a typical "hegemonic rule" that could be used to bully even its close allies ...

China hopes the Germany will listen to opinions from its businesses after the German economic minister hyped up cutting reliance on China, China's Ministry of Commence (MOFCOM) said on Thursday, urging the German government to not create barriers between the ...

A total number of 668 stalled housing projects belonging to China Evergrande Group have resumed construction now, in contrast to 38 projects which remain dormant, the developer said.

China has accelerated its transformation to green energy, as it sees 10.99 million new-energy vehicles (NEV) now run on the streets, accounting for half of the world's total running NEVs, the National Development and Reform Commission (NDRC) said on Thursday. ...

China will release additional pork into the market from central reserves this week to ensure supply and maintain price stability ahead of the upcoming National Day holidays, the country's top economic planner said on Thursday.

China's capital market recorded a degree of fluctuation in the wake of an overnight US interest rate hike, with stock markets edging down and the yuan depreciating against the US dollar despite remaining well within an expected range.

Brent Neiman, a counselor to US Treasury Secretary Janet Yellen, urged China to "take part in coordinated debt relief for vulnerable nations to avoid the specter of a systemic sovereign-debt crisis," Bloomberg reported on Wednesday.

Excluding China, the rest of developing Asia is forecast to see 5.3 percent economic growth in 2022 - the first time in more than three decades that the rest of developing Asia will grow faster than China, the Asian Development ...

China remains the key destination market and an indispensable part of the supply chain for Japanese and South Korean car firms, especially new-energy vehicle (NEV) makers, despite the rising pressure from the US to decouple from China, industry insiders said.

Companies attending the 7th China-Eurasia Expo in Urumqi, Northwest China's Xinjiang region said the increased use of the yuan in cross-border trade in Central Asia is making business more convenient and reducing foreign exchange risks stemming from the use of ...